Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Mercantile Bank Corp (MBWM)
Price$62.14Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $242.7M | $231.5M | $225.7M | $190.3M | $180.3M | $167.4M | $151.5M | $139.1M | $128.7M | $126.9M | $117.2M | $87.8M | $54.3M | $54.7M | $58.5M | $65.6M | $58.9M |
| Operating expenses | $136.0M | $125.8M | $115.3M | $108.0M | $110.9M | $98.5M | $89.3M | $86.2M | $79.7M | $77.1M | $79.4M | $65.6M | $36.4M | $39.6M | $41.5M | $47.2M | $46.5M |
| Net income | $88.8M | $79.6M | $82.2M | $61.1M | $59.0M | $44.1M | $49.5M | $42.0M | $31.3M | $31.9M | $27.0M | $17.3M | $17.0M | $12.5M | $37.5M | −$13.3M | −$52.1M |
| Net profit margin | 36.58% | 34.39% | 36.43% | 32.08% | 32.74% | 26.36% | 32.65% | 30.21% | 24.29% | 25.15% | 23.05% | 19.74% | 31.35% | 22.92% | 64.06% | −20.30% | −88.45% |
| Basic EPSper basic share | $5.47 | $4.93 | $5.13 | $3.85 | $3.69 | $2.71 | $3.01 | $2.53 | $1.90 | $1.96 | $1.63 | $1.28 | $1.96 | $1.33 | $4.20 | -$1.72 | -$6.23 |
| Diluted EPSper diluted share | $5.47 | $4.93 | $5.13 | $3.85 | $3.69 | $2.71 | $3.01 | $2.53 | $1.90 | $1.96 | $1.62 | $1.28 | $1.95 | $1.30 | $4.07 | -$1.72 | -$6.23 |
Owners
Reported shareholders
8.88%of listed shares
BlackRock, Inc.1.53M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 8.88%1.53M shares |
WELLINGTON MANAGEMENT GROUP LLP | 6.29%1.09M shares |
DIMENSIONAL FUND ADVISORS LP | 6.06%1.05M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.26%735.61K shares |
AMERICAN CENTURY COMPANIES INC | 3.62%625.02K shares |
STATE STREET CORP | 3.46%598.64K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.70%466.41K shares |
RENAISSANCE TECHNOLOGIES LLC | 2.58%446.61K shares |
NORTH STAR ASSET MANAGEMENT INC | 2.18%377.43K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 1.68%290.09K shares |
LSV ASSET MANAGEMENT | 1.62%280.79K shares |
NORTHERN TRUST CORP | 1.39%240.67K shares |
Tributary Capital Management, LLC | 1.26%218.15K shares |
TWO SIGMA INVESTMENTS, LP | 1.24%213.74K shares |
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 1.11%192.5K shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.83%144.19K shares |
JPMORGAN CHASE & CO | 0.81%140.1K shares |
AQR CAPITAL MANAGEMENT LLC | 0.80%137.73K shares |
BANC FUNDS CO LLC | 0.76%131.16K shares |
MERCER GLOBAL ADVISORS INC /ADV | 0.74%127.92K shares |
Percentages use 17.29M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Nov 13, 2025Form 4 | PRICE MICHAEL HDirector | SellCommon Stock | 1.4K | $45.81 | $64.9K | 11.9K |
| Nov 13, 2025Form 4 | PRICE MICHAEL HDirector | SellCommon Stock | 3.2K | $45.85 | $144.9K | 13.3K |
| Oct 31, 2025Form 4 | Sanchez Nelson FDirector | BuyCommon Stock · indirect | 1.0K | $43.50 | $43.5K | 3.5K |
| Aug 18, 2025Form 4 | RAMAKER DAVID BDirector | BuyCommon Stock | 1.5K | $46.71 | $70.1K | 15.0K |
| Jul 29, 2025Form 4 | Williams Shoran RDirector | BuyCommon Stock | 200 | $47.29 | $9.5K | 5.3K |